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Microsoft's AI Bet Pays Off Big, But Costs Are Skyrocketing - Professional coverage
BusinessCloudSoftware

Microsoft’s AI Bet Pays Off Big, But Costs Are Skyrocketing

According to Thurrott.com, Microsoft announced earnings for the quarter ending December 31, revealing a net income of $38.5 billion on…

Hackers are using AI to build phishing sites in real-time - Professional coverage
AICybersecuritySoftware

Hackers are using AI to build phishing sites in real-time

According to TechRadar, security researchers from Palo Alto Networks' Unit 42 have uncovered a new, sophisticated phishing technique that leverages…

Apple's Siri Payouts Are Finally Hitting Bank Accounts - Professional coverage
BusinessPrivacySoftware

Apple’s Siri Payouts Are Finally Hitting Bank Accounts

According to Forbes, Apple users are now receiving direct deposits from a massive $95 million class-action settlement. The case, Lopez…

BusinessPersonal Finance

EssilorLuxottica Stock Jumps as Quarterly Revenue Growth Exceeds Expectations

The Franco-Italian eyewear giant EssilorLuxottica saw its stock price climb significantly following an impressive third-quarter earnings report. Revenue accelerated beyond analyst projections, reaching €6.87 billion with 12% organic growth. This performance represents the company’s strongest quarterly result since its formation in 2018.

Eyewear Giant Exceeds Market Expectations

Shares of EssilorLuxottica experienced significant gains after the company reported quarterly revenue that surpassed analyst forecasts, according to reports. The Franco-Italian eyewear manufacturer, known for brands including Ray-Ban, posted a 12% increase in third-quarter revenue when excluding currency movements, reaching €6.87 billion ($8.03 billion). Sources indicate this represents the company’s strongest quarterly performance since the group’s creation in 2018.

ComputingSoftware Guides

Microsoft Phases Out Legacy PowerShell 2.0 in Windows 11 Updates to Enhance Security

Microsoft is eliminating PowerShell 2.0 from Windows 11 as part of ongoing security enhancements and legacy code cleanup efforts. The deprecated command-line tool, which dates back to 2009, reportedly poses potential security risks while offering minimal functionality for modern users. Analysts suggest most Windows users won’t notice the change due to backward compatibility with newer PowerShell versions.

Windows 11 Removes Outdated PowerShell Version

Microsoft is continuing its efforts to modernize the Windows ecosystem by removing PowerShell 2.0 from Windows 11, according to recent reports. The deprecated command-line tool, which originally shipped with Windows 7 in 2009, is being phased out in the latest Windows updates as part of broader security improvements and legacy code reduction initiatives.

Assistive TechnologyPolicy

Harris Acknowledges White House EV Summit Oversight of Musk as Misstep, Questions Policy Priorities

Kamala Harris has publicly characterized the White House’s 2021 electric vehicle summit that excluded Tesla CEO Elon Musk as a significant error. The Vice President also expressed concerns about the administration’s prioritization of infrastructure over immediate household needs in recent comments at the Fortune Most Powerful Women Summit.

White House EV Event Exclusion Draws Criticism

Vice President Kamala Harris has publicly described the decision to exclude Tesla CEO Elon Musk from a 2021 White House electric vehicle event as a “big mistake,” according to her remarks at the Fortune Most Powerful Women Summit in Washington, D.C. The event, hosted by President Joe Biden, featured executives from traditional automakers General Motors, Ford, and Stellantis but notably omitted representation from Tesla, despite the company’s exclusive focus on electric vehicle production.